Study On The Effects Of Corporate Governance On Corporate Social Responsibility Performance

With the frequent occurrence of food, drug and environment issues, how to curbthe negative effects, has become the common topic concerned by the whole society,and people pay more attention to the fulfillment of corporate social responsibility. Asa reflection of and supervision over the economy, social responsibility accounting isestablished based on the traditional accounting model. Social responsibilityaccounting takes the relationship between enterprise and society as a socialresponsibility and the core of the accounting. This thesis intends to establish aperformance index of corporate social responsibility accounting to measure theperformance of the corporate social responsibility, the setting of the index isaccording to different stakeholder perspectives, using the "index" stakeholder societycontribution, and referring to Shen Hongtao’s (2005) approach about the methods ofhow to give the enterprise stakeholders authority weight, as the stakeholder socialcontribution index plus with its corresponding authority weight. What are the factorsthat influence corporate social responsibility performance? How to promoteenterprises to better fulfill their social responsibilities? According to the corporategovernance structure of the enterprises, this thesis will analyze the influence of theinspection company ownership structure, board of supervisors and executivecompensation to corporate social responsibility performance by using the empiricalresearch methods, then find out the solution to promote the enterprises to take theirsocial responsibility and perfect the corporate governance structure.This thesis mainly adopts the empirical research method, and combining thenormative research method to analyze the influence of corporate governance structure on corporate social responsibility performance. Firstly, this thesis introduces theoverall framework, includes the research background, research significance, researchstatus at home and abroad, the research contents and methods, technical route,innovation and deficiencies. Secondly, introduces three basic theories which aresustainable development theory, stakeholder theory, principal agent theory, thenextracts the content of corporate governance and corporate social responsibilityaccounting. On the basis of theoretical research, taking the253sample data of the Ashares of the coal and steel listed companies in Shanghai and Shenzhen from2010-2012as the research object, the enterprise social responsibility is quantifiedbased on the stakeholder theory, then design the index of corporate socialresponsibility accounting, and take this index as the dependent variable; take theownership structure, the board of supervisors, executive compensation as theindependent variable; and take the company size and the accounting surplus as thecontrol variable, to establish a general multiple regression model. And then makedescriptive statistics and related analysis of the governance structure and the index ofcorporate social responsibility accounting, finally a result can be obtained by usingthe multiple regression method to make empirical test on the impact of corporategovernance on corporate social responsibility performance and the suggestions forfurther study can be put forward.The empirical research shows that corporate governance structure has differenteffects on corporate social responsibility performance on a different significance level,while the corporate governance structure influences corporate social responsibilityperformance much more than other factors. So improving the corporate governancestructure is influential to corporate social responsibility, and this makes the corporateto take its social responsibility better from the perspective of corporate governance.